603 Route 306
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2025 | Sold | ||
| Sold | |||
| Dec 31, 2024 | In contract | - | |
| In contract | |||
| Dec 3, 2024 | Listed by Q Home Sales | $999,000 | |
| Listed by Q Home Sales | |||
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This contemporary colonial home sits on 1.25 acre of expansive, level land. The open foyer features a two-story entrance with skylights and hardwood floors throughout. The kitchen boasts granite countertops and stainless steel appliances. A formal dining room and a living room that opens into a solarium/sunroom offer plenty of space and sunlight. The master bedroom suite includes cathedral ceilings, a bathroom with a separate shower and Jacuzzi tub, and two walk-in closets. Additionally, there is a detached, fully heated workshop/office.
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| Aug 17, 2015 | Sold | ||
| Sold | |||
| Mar 11, 2015 | Listed by Realty Teams Corp | $489,000 | |
| Listed by Realty Teams Corp | |||
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Address: 335 Madison Avenue, New York, NY 10017